Managing Editor
@ShahidNShah
@ShahidNShah
Data Privacy in Healthcare: Balancing Innovation with Patient Security
The rapid integration of digital technologies in healthcare has revolutionized patient care and operations, but it has also heightened concerns about data privacy. As telemedicine, remote patient monitoring, and other digital tools become more prevalent, the volume of sensitive patient data grows. This surge necessitates stringent data protection measures to ensure patient trust and confidentiality.Healthcare organizations that have embraced innovative tools such as telemedicine and remote patient monitoring are also investing heavily in data protection and IT security. A McKinsey assessment shows that fully utilizing 26 digital healthcare technologies in 14 countries could save 8-12% of total healthcare spending in each country. Of this estimated value, about 70% could benefit hospitals and healthcare providers through improved efficiency and patient outcomes, while 30% could benefit health insurers through reduced claims and better risk management.
Medigy Insights
The healthcare industry is moving away from a one-drug-fits-all model to precision medicine, which aims to customize healthcare decisions, treatments, and practices tailored to individuals or patient phenotypes. Precision medicine relies on multi-modal healthcare data analysis, integrating information from various sources such as Electronic Health Records (EHRs), medical imaging, wearable devices, genomic data, sensor data, and behavioral data. More patient data improves care but also leads to security and privacy concerns.Blockchain offers a compelling solution for secure data sharing due to its strong cryptographic core and decentralized nature, its resilience against emerging threats, and the security of applications built on it require ongoing testing and development.
Continue reading at healthcareittoday.com
Make faster decisions with community advice
- Out-of-Pocket Payment Deters Telemental Healthcare Use
- Tech Leader Attempts to work MAGIC with AI Incubator and Research Collaborative
- Understanding the Role of 4D Printing in the Healthcare Industry
- 3 Ways to Improve Patient Payments Data Security and Compliance
- At Bayhealth, Value-Based Care helps put the Patient First
Next Article
-
What the CMS 2025 PFS Proposed Rule Means for Virtual Care
The Centers for Medicare & Medicaid Services (CMS) issued its 2025 Physician Fee Schedule (PFS) proposed rule earlier this month. Alongside a 2.8 percent payment cut for physicians, the rule …
